I read the Absaroka Capital report on LIWA. It is based on pure speculation and unsubstantiated assumptions. The writer of the article continually states he/she cant make heads or tails of the information they gathered therefore it must be FRAUD. Very sloppy work.
The one point that there are two companies at the one address. Is what Liwa says. Two divisions. That there are family members working at a family company? Just like Ford and Walmart. They are reaching for their negatives. It makes me feel more like buying more.
Now I am not sure I am bullish on LIWA, but it is strange situation. If You try to understand what the company - Absaroka You will find other reports about fraud of chinese companies. Why Absaroka rate only in negative manner? Why it not rate the same Lihua earlier positevly or negatively - doesn't matter. And also strange - after all negative ratings by Absaroka stocks not at the ground now. Also the question if there is true that realy price of LIWA = 3$ - why it is not fall to 3$ today?